Member Info for wordog

The broker target of 170 is obviously long term, but i think achievable given the significant year on year growth Defenx has shown since 2015, a growth that has far outstripped their fundraising - something fairly unique on Aim. My personal target is 120, which could be attainable by the time the end of year results are published. The real telling figures will be whether they have got on top of the trade receivables. The latest RNS hinted there won't be a requirement to raise funds anytime soon. Either way, i'm confident they have an attractive offering in the emerging markets with a low power and processor consumption platform and bundled add ons such as cloud and sync. I think there will be more to come, we shall see.

On a 16k buy, nice

That's more like it, plenty of volume too so maybe some momentum into tomorrow

Cash collection ○ Typical collection terms 90-120 days, but minimal bad debt history ○ Plans agreed with channel partners improving average debtor days

https://investors.defenx.com/download/24012017-investor-presentation-2016-trading-statement/

From 4.5mil (2015) to 7.3mil (2016 year end) so still 3 months more revenue to come from the FY. Presumably the 57% increase in revenue is year end 31 Dec 16 & 17. Market Cap was about the same this time last year so you would assume this is undervalued. However, it will be interesting to see the cash flow and if they are getting on top of the trade receivables.

A paltry 4.52% increase, they really need to sort their PR, I suppose they haven't struggled for investment in the past so not much need. Hopefully tonight's attendance will do something to rectify it.

Indeed very nice, I like these bits too, "The second half revenue brings the full year into profitability, resulting in an increase in full year operating margins as compared with 2015." "In addition to the eight new channel partners signed during 2016, Defenx is pleased to announce that its Mobile Security Suite is now available on the Café Bazaar Playstore, an Iranian Android App marketplace." I think the Iranian market is very astute and should allow us better movement thatn more competitive and open markets. Not forgetting the 75,000 unit pre order for the Parental Control software which is yet to be completed! Great time to be in, cash in bank, new products on the horizon, profitable, wider distribution and more to come from Memopal i think. Let's see what extra detail comes out of the investor presentation tonight.

I would be surprised if it doesn't show growth, new channel partners, Memopal and new products. All of which are yet to be captured properly in an update, Why else would they be pushing an investor event if it wasn't to drum up more support off the back of a good corporate update?

RNS on Monday ;o)

Well I would buy some more now and get the average down. Today's RNS shows there's a good chance we will get a trading update at the end of the month and the results of which will be presented at the event. Ask yourself this, would they try and publicise poor results to investors?

The Mkt Cap has been fairly stable, any good news has been gobbled up by dilution of the stock thus pushing the SP downwards. I'm very confident of a positive update in the near future considering that Memopal revenue should be included, plus any crossover sales and increased revenue from the new channel partners announced in H1. Target still 120

Looking at the level of growth from H1 to H2 2015 against the interim results for 2016, it is logical to presume that the 1.4 mil they spent on sales and marketing, the increased channel partners, memopal revenue and crossover sales will all translate into a significant increase in gross turnover and hopefully some nice profit too. I think 120p is a realistic target, and especially if we get a few surprises such as the Eastern European 75000 unit pre sale.

And to think I once sold these at 120p. This country needs fracking, especially in light of Brexit, it will happen eventually.

I wasn't expecting news on products so quickly. A nice rise today and plenty of good news on the horizon, cross over sales with memopal, forward loading of sales and marketing into H1 and new product development. I'm still targeting 130 for the new year.

I was thinking the same. I would like to know how much the 75000 pre order is worth.

I've lost all faith in the Aero board, what they have done over the last 12 months was criminal. There is potential to make some money from the current levels but they could also be busy in 3-6 months. Mark my words, when they do Hilary Smith will take control of Geocurve. Anyway, I'm holding FLX and DFX as my cyber tech company's and the boards of both those company's seem to have better levels of integrity, so far at least. It's a growth area but I believe both have found significant niches and have products to suit.

Agreed mate, I thought it was going to be a brown trousers moment when the alert came through but actually seems positive that someone sees value at 6p

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